|Bid||0.00 x 800|
|Ask||0.00 x 900|
|Day's Range||185.22 - 188.87|
|52 Week Range||112.23 - 211.07|
|Beta (5Y Monthly)||0.46|
|PE Ratio (TTM)||32.85|
|Forward Dividend & Yield||2.72 (1.46%)|
|Ex-Dividend Date||Dec 30, 2020|
|1y Target Est||N/A|
McCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, has received notification of an unsolicited mini-tender offer by TRC Capital Investment Corporation to purchase up to 750,000 shares of McCormick common stock non-voting from McCormick stockholders, or approximately 0.60 percent of the company's outstanding common stock non-voting, at a price of $176.38 per share. The offer price was 4.46 percent below the closing price of the company's common stock non-voting on November 13, 2020, the approximate date of commencement of the offer.
L Catterton, the largest and most global consumer-focused private equity firm, today announced it has entered into a definitive agreement to sell Cholula, a leading producer and distributor of hot sauce, to McCormick & Company, Incorporated (NYSE: MKC) for $800 million. The transaction is subject to customary closing conditions.
McCormick & Company Inc. (NYSE: MKC) (the "Company"), a global leader in flavor, today announced that it has signed a definitive agreement to acquire the parent company of Cholula Hot Sauce®, a premium hot sauce brand that delivers authentic Mexican flavor, from L Catterton, for $800 million in cash.